CRANDALL THEODORE D 4
Research Summary
AI-generated summary
Regal Rexnord (RRX) Director Theodore D. Crandall Receives Award
What Happened
Theodore D. Crandall, a director of Regal Rexnord Corp (RRX), was credited with 2.165 shares (restricted stock units) on April 14, 2026. The filing reports a per-share value of $209.35, for an aggregate value of approximately $453. This was an award/acquisition (transaction code A)—not an open-market purchase or sale.
Key Details
- Transaction date: 2026-04-14; Form 4 filed: 2026-04-16 (appears timely).
- Amount: 2.165 RSUs; reported price/value: $209.35 per share; total reported value ≈ $453.
- Shares owned after transaction: not specified in the provided filing.
- Footnote: The award represents additional restricted stock units credited as dividend equivalents; these additional RSUs are subject to the same terms and vesting as the underlying RSU awards (see footnote F1).
- Transaction code: A = Award/Grant/Other acquisition.
Context
These RSUs arose from a dividend-equivalent reinvestment provision and are routinely credited following a dividend payment. Such credits are typically automatic and do not necessarily reflect a discretionary purchase or sale decision by the insider. The amount is small in dollar terms and should be interpreted as a routine corporate compensation/dividend action rather than a market-timing signal.